LG Needs a Smarter Bet Than OLED [Bloomberg Business News]
LG Display Co, Ltd AMERICAN DEPOSITORY SHARES (LPL)
US:NYSE Investor Relations:
ir.oled.com/shareholders/default.aspx
Company Research
Source: Bloomberg Business News
Investors on Tuesday seemed excited that LG Display Co. may have decided to spend 4 trillion won ($3.6 billion) to build out its OLED production capacity. The South Korean company's stock climbed as much as 4.97 percent after an ETNews report of the plan. Trading volume of 3.2 times the 20-day average shows this wasn't just some passing interest. Here's Cheers Investors are excited that LG Display may invest big in OLED Source: Bloomberg The concern had been that LG, the world's biggest maker of large-size display panels, might put money into liquid-crystal displays instead of the newer and faster-growing organic light-emitting diode technology, Bloomberg News cited Taurus Investment & Securities Co. analyst Kim Hyunsoo as saying. Putting more funds into LCDs would certainly have been good reason for furrowed brows. The old but solid technology is losing its luster as newer entrants, mostly from China, pile on the capacity that will continue to drive prices
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News
- LG Display returns to quarterly loss on drop in off-season demand [Yahoo! Finance]Yahoo! Finance
- LG Display returns to quarterly loss on drop in off-season demand [Reuters]Reuters
- LG Display to Mass Produce World's First Gaming OLED Panel With Switchable Refresh Rate and Resolution [Yahoo! Finance]Yahoo! Finance
- LG Display to Mass Produce World's First Gaming OLED Panel With Switchable Refresh Rate and ResolutionPR Newswire
- LG Display: Consider Potential Results Miss And Favorable Developments [Seeking Alpha]Seeking Alpha
LPL
Sec Filings
- 4/1/24 - Form 6-K
- 3/22/24 - Form 6-K
- 3/22/24 - Form 6-K
- LPL's page on the SEC website